8907 EG | Malaysia
EG INDUSTRIES BHD
RM 0.725 on: 2021-01-18
+0.69% Past 1-day return
0% Past 5-day return
Price/Valuation Analysis
Current Price Status
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Stock is in Momentum
Stock is currently overvalued by the market with the expectation of annual earning growth at 200.36% to match current price.
Overvalued stock can be traded very volatile. If the earning growth momentum continue, overvalued stock can match into fair value, on the flip side, the downside risk can be huge if the stock is not meeting the market expectation. -
Company is not in Profit
Fair Value
- EG current price is 101.39% above OneDelta estimated fair value.
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The fair value is estimated via OneDelta proprietary model that updated daily basis based on stock fundamental and specific industry relative marco outlook. It can be assessed as stock potential upside range or the stock true value price in case of downside.
Relative Price Performance
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Underperformed
EG past 5-day return lagged behind the Electronics/Appliances industry average return by 0.5% -
Above 30-Day Average
Current price RM0.725 is above than 30-day average RM0.6 by 20.8%
| Return (%) | EG | Electronics/Appliances |
|---|---|---|
| 1-Day | +0.69% | +0.74% |
| 5-Day | 0% | +0.5% |
| 30-Day | +28.32% | +3.51% |
Bank Analyst Price Targets
Revenue & Earning Growth Analysis
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Recent Positive Revenue Growth
EG managed to achieve better revenue growth for past 2 quarters by average +18%.
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Continued Losing Money
EG has been losing money in the 2 of the past 5 quarters.
Past Quarter Reports
| Quarter Date | Revenue (RM) | (%) | EPS (RM) | (%) |
|---|---|---|---|---|
| 2020-09-30 | 293,091k | +27% | 0.0171 | 0% |
| 2020-06-30 | 230,479k | +9% | -0.0502 | 0% |
| 2020-03-31 | 211,362k | -26% | -0.0212 | 0% |
| 2019-12-31 | 284,758k | +3% | 0.0079 | -48% |
| 2019-09-30 | 277,053k | -1% | 0.0151 | +165% |
Volume Trend Analysis
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Recent Volume is Increasing
Surge in trading volume tends to bring more price volatility in near term.
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EG recent daily traded volume is 89.9% higher than past month average.
| Past 30-Day | Past 5-Day |
|---|---|
| 99k daily | 188k daily |
Financials
Price History Chart
Past 30-day Average Price: RM0.6
Stock Fundamental Factors
Fundamental factor characteristics help us understand and expect how the stock price will behave in short and long term.
Stock Thematic Baskets
Usually the more the stock is included in popular themes, the more opportunity for price-driven momentum and better liquidity.
Market News & Investor Opinions
Controlling shareholder TS Wong, MyEG mop up more shares
PublicInvest positive over Wegmans acquisition
MyEG cancels 100 million treasury shares
MyEG falls after proposing new share placement
MyEG to be appointed sole distributor of Zhifei vaccine in Malaysia
MYEG concession deal extended
MY EG gets 3-yr extension to provide RTD e-services
MYEG developing a consolidation phase, says RHB Retail Research
MyEG's 9M results beat CGS-CIMB Research's forecast
MyEG 3Q net profit rises on Covid-19 health screenings, online grocery sales
Stock Company Profile
EG INDUSTRIES BHD
EG Industries Bhd. is an investment holding company, which engages in the provision of management services. It operates through the Electronic Manufacturing Services and Original Equipment Manufacturer/Original Design Manufacturer for Electronic and Electrical Products; and Other Non-reportable segments. The Other Non-reportable segment comprises operations related to investment holding and research and development. The company was founded on August 14, 1991 and is headquartered in Sungai Petani, Malaysia.